Quarterly report pursuant to Section 13 or 15(d)

Other Comprehensive Income

v2.4.0.8
Other Comprehensive Income
 9 Months Ended
Sep. 30, 2013
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Comprehensive Income (Loss)
Other Comprehensive Income
The change in the component of accumulated other comprehensive income, net of taxes ("AOCI"), is summarized as follows:
(in millions)
Foreign currency translation adjustments

AOCI

Balance at January 1, 2012
$
194

194

Other comprehensive income attributable to QVC, Inc. shareholder
2

2

Balance at September 30, 2012
196

196

 
 
 
Balance at January 1, 2013
$
186

186

Other comprehensive loss attributable to QVC, Inc. shareholder
(22
)
(22
)
Balance at September 30, 2013
164

164


The component of other comprehensive income is reflected in QVC's condensed consolidated statements of comprehensive income, net of taxes. The following table summarizes the tax effects related to the component of other comprehensive income:
(in millions)
Before-tax amount

Tax (expense) benefit

Net-of-tax amount

Three months ended September 30, 2013:



Foreign currency translation adjustments
$
77

(9
)
68

Other comprehensive income (loss)
77

(9
)
68

 
 
 
 
Three months ended September 30, 2012:



Foreign currency translation adjustments
$
45

(10
)
35

Other comprehensive income (loss)
45

(10
)
35

 
 
 
 
Nine months ended September 30, 2013:



Foreign currency translation adjustments
$
(52
)
13

(39
)
Other comprehensive (loss) income
(52
)
13

(39
)
 
 
 
 
Nine months ended September 30, 2012:



Foreign currency translation adjustments
$
(3
)
2

(1
)
Other comprehensive (loss) income
(3
)
2

(1
)